Our Company established the audit committee on 18 December 2018 , the primary duties of the audit committee are mainly to make recommendations to the Board on the appointment and removal of external auditors; review the financial statements and material advice in respect of financial reporting; and oversee internal control procedures of our Company. Our audit committee comprises three members, namely, Mr. Zhou Genshu, Mr. Chen Geng and Mr. Zhu Hongqiang. Mr. Zhou Genshu is the chairman of our audit committee.
Our Company established the remuneration committee on 18 December 2018, the primary duties of the remuneration committee are to make recommendations to the Board on the overall remuneration policy and structure relating to all Directors and senior management of our Group; review performance based remuneration; and ensure none of our Directors determine their own remuneration. Our remuneration committee comprises three members, namely, Mr. Zhu Hongqiang, Mr. Zhou Genshu and Ms. Zhang Jingrong. Mr. Zhu Hongqiang is the chairman of our remuneration committee.
Our Company established the nomination committee on 18 December 2018, the primary duties of the nomination committee are to review the structure, size and composition of the Board on a regular basis; identify individuals suitably qualified to become Board members; assess the independence of Independent Non-executive Directors; and make recommendations to the Board on relevant matters relating to the appointment or re-appointment of Directors. Our nomination committee comprises three members, namely, Mr. Hou, Mr. Zhou Genshu and Mr. Chen Geng. Mr. Hou is the chairman of our nomination committee.
